Improving your credit score after bankruptcy is a necessity, as borrowing right after being discharged is nearly impossible.
When your credit score is the fiscal equivalent of the Hindenburg, there aren’t many ways to rebuild it. Banks don’t lend to applicants with poor credit, and most personal lenders will offer loans for large sums of money – something you’re currently missing!
Thankfully, Magical Credit offers flexible bankruptcy loans in BC, laying the foundation for you to start rebuilding your credit!
Need a loan, but aren’t sure you can keep up with the loan repayment terms? Calculate your monthly loan payment schedule with our personal loan calculator!
If you take out a loan and pay it back very quickly, it’ll improves your credit score. A good credit score will better your loan rates in the future.
Just be careful: spamming loan applications and missed payments can further damage your credit score.
As high-risk lenders, we offer loans when other financial institutions won’t. Since credit score reflects reliability in loan repayment, we advise you to pay back loans in a timely manner. When you pay our loans off, you’ll show financial institutions creditworthiness.
No. We keep our interest rate consistent at 3.9% monthly for all of our loans.
No— defaulting on previous loans makes you ineligible for a bankruptcy loan. We have a zero-tolerance policy when it comes to previously unpaid loans.
Our bankruptcy loans in British Columbia range from $500- $10,000.
Need an emergency loan, but aren’t sure you can keep up with the loan repayment terms? Calculate your monthly loan payment schedule with our short-term, personal loan calculator!
Earn $50 in seconds!
Participate in our referral program for cash rewards.